Cairns City, Queensland
Fully Renovated Freehold Hotel with Large Guest House in Popular Tourist Town - 127HF
OFFERS ABOVE $1.7M
Business Description
This popular modern pub/hotel (tavern) is located in popular FNQ Tourist town in Queensland. The hotel is well-known for its welcoming atmosphere, friendly service, and classic Italian cuisine. The property is located in a major tourist destination located about 60 kilometers south of Cairns, nestled between lush rainforests and the Great Barrier Reef.
The tavern is a central spot for locals and travelers alike, offering meals, drinks, and sometimes live entertainment. It’s a typical Australian country pub location with a modern and relaxed vibe and serves as a gathering place for events or social occasions.
The Tavern offers quite a variety of services and features!
- Bottle Shop
- Sicilian Restaurant
- Licensed Bar and Bistro
- Function Centre
- Outdoor Barbeque Function Area
- Expansive 4-room Guesthouse
- Commercial Kitchen
- Bar Fridges and Walk-In Bar Fridges
- Walk-In Food Fridges and Freezers
- Supply Receiving Bay
- Outdoor Swimming Pool
Together, these facilities makes the Tavern a comprehensive destination for dining, relaxation, and entertainment, catering to both locals and visitors.
Offers above $1.7M Seriously Considered
Adjusted Net Profit: $385,207 for 2024/25 (as provided by vendor accountant)
Contact Antonio Curulli from Tourism Brokers for further information or to arrange an inspection.
Property ID: 127HF (quote when enquiring)
Property Code: 5048
Business Summary
Key Investment Insights
1. Fully renovated freehold hotel, eliminating immediate capital expenditure for major refurbishments.
2. Located in a popular Far North Queensland tourist town about 60 kilometres south of Cairns, positioned between rainforests and the Great Barrier Reef, supporting strong visitor demand.
3. Adjusted net profit of $385,207 for 2024/25, as provided by the vendor’s accountant, giving a recent profit benchmark.
4. Offers above $1.7 million sought, signalling vendor pricing expectations and investment scale.
5. Diverse revenue mix including a licensed bar and bistro, Sicilian restaurant, and bottle shop, reducing reliance on a single income stream.
6. Function centre and outdoor barbecue function area provide event-hosting capability and seasonal revenue opportunities.
7. On-site expansive four-room guesthouse provides accommodation income and cross-selling potential to dining and bar patrons.
8. Comprehensive back-of-house infrastructure, including commercial kitchen, walk-in food fridges and freezers, bar fridges, and a supply receiving bay, supporting efficient operations.
9. Outdoor swimming pool and modern relaxed vibe enhance appeal for tourists and local patrons, improving guest experience and length of stay potential.
10. Well-known for a welcoming atmosphere and friendly service, indicating strong community reputation and repeat patronage potential.
